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Changes in Technology
In today’s accounting world it is hard to imagine using old fashion general ledgers and posting daily business transactions by hand. Believe it or not, there are small businesses that still do just that. Technology is all around us. Everything that was once done by hand can now be done by a computer. Keystrokes are now taking the place of penciled in numbers. In today’s fast paced world it is more beneficial for businesses to close their books for one month and move onto the next month in the quickest and most accurate way possible. The new accounting technology of today can do just that. It is more important for managers to be able to have fast accurate financial data at a moments notice than to poor over hand written reports and ledgers.
Imagine a huge corporation like Microsoft, Inc. with hundreds of offices throughout the world needing financial data at a moments notice. Today’s desktops computers and with the innovation of the internet this...

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Title: Changes In Technology
Approximate word count: 442
Approximate pages: 2 (250 words per double-spaced page)

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